Bharat Book

Health Ingredients Market is projected to grow at a CAGR of 6.96%

Press Release   •   Aug 09, 2017 10:38 IST

Health ingredients market is projected to grow at a CAGR of 6.96% in terms of value

The health ingredients market is estimated to be valued at USD 72.40 billion in 2017, and is projected to reach USD 101.32 billion by 2022, at a CAGR of 6.96% from 2017 to 2022. Globally, the rising demand for food products with health-specific ingredients, rise in consumer preference towards a healthy diet, increasing aging population, and increasing application of health ingredients by various end user functional food manufacturing industries such as food & beverage, animal feed, pharmaceutical, and personal care are some of the factors driving the growth of the health ingredients market. Lack of awareness about health ingredients such as probiotics and prebiotics in developing economies and adherence to stringent international quality standards and regulations by various regulatory authorities are the factors limiting the growth of health ingredients market.

Get a Request Sample copy of Report at :

Pharmaceuticals segment is projected to be the fastest-growing segment in the health ingredients market

Increasing health care costs and increasing number of non-communicable chronic disease are the major factors fueling the market demand for health ingredients. Consumers are seeking for consumption of function-specific supplements such as gut health supplements, heart health supplements, and brain health supplements, which is fueling health ingredients’ demand from pharmaceutical applications. The pharmaceuticals segment is projected to grow at highest CAGR.

Microbial source segment is projected to be the fastest-growing segment in the health ingredients market

Rising demand for microbial-based health ingredients such as prebiotics, probiotic starter cultures, and enzymes coupled with the increasing R & D investment in the field of microbial stain development are expected to drive the fastest growth of the microbial segment. The microbial segment is expected to grow at highest CAGR.

Asia-Pacific is projected to be the fastest-growing region in the health ingredients market

Asia Pacific is projected to be the fastest-growing market for health ingredients. Increasing consumer awareness, consumer shifts towards healthy diet habits, and growing aging population coupled with government initiative of food fortification are the factors fueling the high growth of the Asia-Pacific region.

Break-up of primaries:

- By Company Type: Tier 1 – 20 %, Tier 2 – 35%, and Tier 3 – 45%
- By Designation: C level – 35%, Director level – 25%, and Others – 40%
- By Region: North America - 20%, Europe – 25%, Asia-Pacific – 40%, and RoW - 15%

The health ingredients market is dominated by key players such as Archer Daniels Midland Company (U.S.), Associated British Foods (U.K.), E. I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (The Netherlands), BASF SE (Germany), and Kerry Group plc (Ireland).

Research Coverage:

The report analyzes the health ingredients market across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as parameter, product type, objective, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall health ingredients market and submarkets. This report will help stakeholders to better understand the competitive landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities.

To know about the complete report, click the link below:

About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry analysis, country reports, business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Follow us on : Twitter, Facebook, Linkedin, Google Plus

Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.